The failure of small venture-backed businesses to qualify for Paycheck Protection Loans could cost more than 275,000 jobs this year directly and more 1 million jobs in total, including indirect losses. The Trump administration should waive the Small Business Administration’s “affiliation rule” in this crisis to prevent these mass layoffs and furloughs.

It is widely presumed that agglomeration effects cause large cities to have large advantages in the innovative process. A new study tests this presumption by examining the proportion of patents filed in large metropolitan areas from 2000 to 2014 across 14 OECD countries.

Demand for H-1B visas, which allow U.S. firms to recruit high-skilled foreign workers, has dramatically exceeded the supply—there were 200,000 applications in 2019 for the 85,000 visas that were available.

As the federal government works to mitigate the crisis, it must be careful to protect technologically sophisticated, traded-sector industries such as aerospace, semiconductors, advanced machinery and equipment, biopharmaceuticals, and software—because, if we lose those, we are unlikely to ever get them back.

To support digital trade, countries must eliminate regulatory barriers—big and small, new and old, obvious and hidden—that prevent firms from using technology and the Internet to achieve critical economies of scale. Electronic invoices are a great example.

At a time when we should all be coming to together as Americans, the anti-big-business left is seizing the opportunity to bash big companies and advance their neo-Brandeisian “small is beautiful” agenda.

Broadband availability dramatically changed the nature of job markets, allowing businesses to reach larger pools of qualified applicants, as evidenced by the fact that the percentage of U.S. job seekers who used the Internet for their job searches tripled between 2000 and 2011.